Lee Shin Cheng boosted his wealth after splitting his plantation and property businesses into two listed companies in early 2014. He is the executive chairman of both while older son, Yeow Chor, runs palm oil heavyweight IOI Corp. and younger son Yeow Seng heads IOI Properties. Other children, all daughters, also work for his companies. Lee grew up on a rubber plantation where his father ran a Chinese

food shop. At age 11 he left school in order to support his family and sold ice cream on a bicycle for 4 years before returning to finish high school.

The box that has housed the Wu-Tang Clan’s secret album for much of the past year recently arrived at MoMA PS1 in Queens, carried by a white-gloved porter and flanked by security guards–but it almost didn’t make it through customs. read »

Asia has a record number of billionaires on the new Forbes Billionaires List out yesterday, a sign of great prosperity. Yet many pillars of the Asian business landscape are now in their twilight years. Among them, Asia’s richest man, Li Ka-shing, is 86.

What are the risks involved when great wealth and power pass from one generation to read »

Twitter co-founder Jack Dorsey was threatened by supporters of the Islamic State, raising the issue of how social media can be used both to liberate the oppressed and to spread fear and messages of terror. read »

In a year when growth in China’s e-commerce growth captured investor attention globally, an entrepreneur from more traditional industries — real estate and entertainment — leads a record 213 mainland Chinese on this year’s Forbes Billionaires List.

Wang Jianlin’s estimated wealth soared to $24.2 billion this year from $15.1 billion a read »